NOT LISTED FOR SALE

8137 Marion Dr Justice, IL 60458

46 Beds
23 Baths
6,120 Sq Ft
9,825 Sq Ft Lot

Sale Details

Date Sold: May 1, 2024

Last sale price $751,000 $123 Per Sq Ft

7 Days on Market

Highlights

  • Baseboard Heating
  • Argo Community High School Rated A-
  • 4-minute walk to Gottwald Memorial Park

About This Home

As of May 2024

MULTIPLE OFFERS!, HIGHEST AND BEST UP TO SATURDAY 5PM. OPPORTUNITY TO INVEST! 6-UNIT BRICK BUILDING WITH IRON FENCE. VERY WELL MAITAINED. FULLY RENTED. THIS BUILDING FEATURES 6 UNITS. 5 UNITS HAVE 2BR AND 1 FULL BATHROOM. THE 6th UNIT HAS 2 BR AND FULL BATHROOM ON FIRST FLOOR, AND PARTIALLY FINISHED BASEMENT WITH ANOTHER 2 BEDROOMS, FAMILY ROOM, 2 WALKING CLOSETS, AND HEATED FLOOR. EACH UNIT HAS ITS OWN BALCONY. EACH UNIT HAS STOVE AND REFRIGERATOR.THE BASEMENT HAS LAUNDRY ROOM WITH COIN WASHERS & DRYERS, UTILITY ROOM, AND STORAGE. THERE ARE A TOTAL OF 13 PARKING SPACES. THE ROOF IS 18 YEARS OLD, WINDOWS ARE 13 YEARS OLD. 5 UNITS HAVE 1 WALL A/C. THE 6th UNIT HAS 2 WALL A/C. PROPERTY ALSO HAS OUTSIDE SHED. GREAT LOCATION. CLOSE TO I-294, SHOPPING & SCHOOLS. EACH TENANT IS RESPONSIBLE FOR ELECTRIC BILL. LANDLORD PAYS HEATING & COOKING GAS, WATER, AND GARBAGE.

Last Agent to Sell the Property

Krystyna Soprych

RE/MAX 10 in the Park License #475122739 Listed on: 03/17/2024

RE/MAX 10 in the Park

Last Buyer's Agent

Krystyna Soprych

RE/MAX 10 in the Park License #475122739 Listed on: 03/17/2024

RE/MAX 10 in the Park

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,800

Year Built

  • Built in 1977

Lot Details

  • 9,825 Sq Ft Lot
  • Lot Dimensions are 75x131

Parking

  • 13 to 18 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,120 Sq Ft Home
  • 3-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 46 Bedrooms
  • 23 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $676
  • Fuel Expense $4,296
  • Insurance Expense $3,024
  • Trash Expense $1,513
  • Water Sewer Expense $4,020
  • Operating Expense $31,529
  • Gross Income $78,480
  • Net Operating Income $46,951

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,800

Year Built

Built in 1977

Lot Details

9,825 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1977
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 23
  • Total Bedrooms: 46
  • Basement Description: Finished
  • Fireplaces: 1
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick

Garage/Parking

  • Outdoor Parking: 13-18 Spaces

Utilities

  • Cooling: Wall Sleeve
  • Electric: Circuit Breakers, Separate Meters
  • Heat/Ventilation: Gas,Hot Water,Baseboard

Condo/Co-op/Association

  • Unincorporated (Y/N): No

Fee Information

  • Trash Expense: 1513
  • Water Sewer Expenses: 4020

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 75X131
  • Lot Size Sq Ft: 9825
  • Zoning: MULTI
  • Alternate Phone Number: (708) 923-0900

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Building Info

  • BuildingAreaTotal: 6120

Multi Family

  • Net Operating Income: 46951
  • Fuel Expense: 4296
  • Insurance Expense: 3024
  • ElectricExpense: 676
  • GrossIncome: 78480
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 31529
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 16800
  • Tax Year: 2022
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/01/2024 05/01/24 Sold $751,000 +0.1% $123 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/18/2024 03/18/24 For Sale $750,000 -- $123 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,325 $56,000 $4,421 $51,579
2024 $17,325 $56,000 $4,421 $51,579
2023 $16,801 $56,000 $4,421 $51,579
2022 $16,801 $46,723 $3,930 $42,793
2021 $15,982 $46,723 $3,930 $42,793
2020 $15,434 $46,723 $3,930 $42,793
2019 $15,630 $43,158 $3,684 $39,474
2018 $17,520 $50,624 $3,684 $46,940
2017 $19,061 $55,563 $3,684 $51,879
2016 $15,422 $42,361 $3,193 $39,168
2015 $15,093 $42,361 $3,193 $39,168
2014 $14,813 $42,361 $3,193 $39,168
2013 $15,498 $48,225 $3,193 $45,032
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12006268

Midwest Real Estate Data (MRED)
Your Personal Tour Guide

Ask me questions while you tour the home.